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Trading Ideas

Year-Over-Year (YOY)

In finance, year-over-year (YOY) performance looks at two different events on an annual basis. For example, you can look at how a single stock performed in the third quarter of 2019 and 2020. By comparing these two figures, you can see whether the stock performed better this year than it did last year.
There are many reasons why this kind of analysis is important. When you look at unemployment figures and retail sales, you have to consider the time of year. Retail sales typically perform better around the holidays. Likewise, unemployment tends to go up and down on a seasonal basis. …read more […]

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Trading Ideas

PayPal Crypto Checkout Adds a New Level of Functionality

Cryptocurrency is starting to look a lot more like an actual currency. The new PayPal crypto checkout feature allows customer (in the U.S. only, for now) to use their digital dollars to buy goods from anyone that accepts PayPal as payment.

This means that folks that have amassed a chunk of crypto change can walk into an Apple store and pick up the latest shiny whatever with Bitcoin. Have you been eyeballing a new grill at Home Depot? But you didn’t want to go through the trouble of exchanging your Bitcoin for dollars. Well, the new PayPal crypto checkout feature lets …read more […]